Im going to put some sweat equety into it. cleaning up the front and back yard. updating the inside and adding a shower to the master bath.What was the outcome?

I have several friends that own small businesses, a small manufacturer, well established glass shop, a cleaning business owner, and a photographer.

The after math once a tenant does vacay a home/unit is beyond past due rent or another vacant unit.let's consider...the unit is vacant, potential new tenant comes, new tenant wants a professional cleaning-To ensure this virus does Not spread consider hiring a professional hazmat type cleaner.No one wants claims of a unsantized home.This is far bigger than No rent payments. 

@Stephanie BeaulacToronto tenants are already rallying on not to pay rent on April first..Ford needs to clean this mess

I'm the only seller that offers "100% clean, free and clear title"!

Stay safe, healthy, and keep your hands clean!

Clean your hands often    b.

Using a semi to high gloss finish will be more durable and easier to clean than a flat or eggshell.

Below are the expenses I am carrying:Expenses:Property Taxes: $1,626 annually ($136/month)Insurance: $714 annually ($59/month)Maintenance and Repairs: $900 annually ($75/month)Capital Expenditures: $960 annually ($80/month)Utilities: $0Advertising/Administration: $300 annually ($26/month)Property Management Fee: 10% of gross income = $1,200 annually ($100/month)Tenant Placement Fee: 50% of first month's rent = $538 annually ($45/month)Turn Reserves (Cleaning): $500 annually ($42/month)BreakdownRental Income $1,075 - 7 % vacancy = $1,000/month ($11,997 annually)Expenses = $561/month ($6,737 annually)Expenses/Gross Income = 59 %For the record, when I called the County Assessor's office, they told me the assessed value is $81,300, and I would be paying 2 % as an investor (number is carried above). 

Was I too harsh in not renewing?